Harley-Davidson, Inc. (NYSE:HOG) Shares Sold by Kiltearn Partners LLP

Kiltearn Partners LLP decreased its position in Harley-Davidson, Inc. (NYSE:HOG) by 15.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 633,213 shares of the company’s stock after selling 119,800 shares during the quarter. Harley-Davidson comprises approximately 2.5% of Kiltearn Partners LLP’s holdings, making the stock its 17th largest position. Kiltearn Partners LLP’s holdings in Harley-Davidson were worth $27,576,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of HOG. Quadrant Capital Group LLC raised its position in Harley-Davidson by 95.0% during the fourth quarter. Quadrant Capital Group LLC now owns 788 shares of the company’s stock valued at $29,000 after buying an additional 384 shares during the period. Principal Securities Inc. acquired a new stake in Harley-Davidson during the 4th quarter valued at $38,000. Lindbrook Capital LLC increased its holdings in Harley-Davidson by 66.7% during the 4th quarter. Lindbrook Capital LLC now owns 1,057 shares of the company’s stock valued at $39,000 after purchasing an additional 423 shares in the last quarter. Future Financial Wealth Managment LLC bought a new position in Harley-Davidson in the 1st quarter valued at $39,000. Finally, Signaturefd LLC boosted its position in shares of Harley-Davidson by 115.0% in the 4th quarter. Signaturefd LLC now owns 1,150 shares of the company’s stock worth $42,000 after purchasing an additional 615 shares during the last quarter. Institutional investors and hedge funds own 85.10% of the company’s stock.

Harley-Davidson Stock Up 1.2 %

Shares of HOG stock traded up $0.44 on Friday, reaching $36.83. 4,303,039 shares of the company were exchanged, compared to its average volume of 1,666,971. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.50 and a quick ratio of 1.32. Harley-Davidson, Inc. has a one year low of $25.43 and a one year high of $44.16. The company has a market cap of $4.95 billion, a price-to-earnings ratio of 8.18, a PEG ratio of 1.38 and a beta of 1.46. The company has a 50-day moving average of $34.22 and a 200-day moving average of $36.38.

Harley-Davidson (NYSE:HOG) last posted its quarterly earnings data on Thursday, July 25th. The company reported $1.63 EPS for the quarter, beating the consensus estimate of $1.40 by $0.23. The firm had revenue of $1.62 billion during the quarter, compared to analyst estimates of $1.29 billion. Harley-Davidson had a net margin of 11.92% and a return on equity of 20.33%. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter last year, the business posted $1.22 EPS. Analysts anticipate that Harley-Davidson, Inc. will post 4.33 earnings per share for the current year.

Harley-Davidson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Wednesday, June 5th were paid a dividend of $0.1725 per share. The ex-dividend date was Wednesday, June 5th. This represents a $0.69 annualized dividend and a dividend yield of 1.87%. Harley-Davidson’s payout ratio is currently 15.33%.

Wall Street Analyst Weigh In

Several analysts recently commented on HOG shares. Citigroup dropped their price objective on Harley-Davidson from $36.00 to $34.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 12th. Morgan Stanley started coverage on Harley-Davidson in a report on Tuesday, April 23rd. They set an “overweight” rating and a $50.00 price target for the company. DA Davidson boosted their price objective on Harley-Davidson from $42.00 to $49.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. BMO Capital Markets lowered their price objective on shares of Harley-Davidson from $50.00 to $45.00 and set an “outperform” rating for the company in a research report on Friday, April 26th. Finally, Robert W. Baird upped their price target on shares of Harley-Davidson from $40.00 to $44.00 and gave the stock an “outperform” rating in a report on Friday. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $45.14.

About Harley-Davidson

Harley-Davidson, Inc manufactures and sells motorcycles in the United States and internationally. The company operates in three segments: Harley-Davidson Motor Company, LiveWire, and Harley-Davidson Financial Services. The Harley-Davidson Motor Company segment designs, manufactures, and sells motorcycles, including cruiser, trike, touring, standard, sportbike, adventure, and dual sport, as well as motorcycle parts, accessories, and apparel, as well as licenses its trademarks and related services.